what is peoplesoft

PeopleSoft is an enterprise resource planning (ERP) system used by organizations to manage their operations. It was founded in 1987 by Ken Morris and David Duffield and was originally headquartered in Walnut Creek, California, before moving to Pleasanton, California. PeopleSoft provides comprehensive business and industry solutions, enabling organizations to increase productivity, accelerate business performance, and provide a lower cost of ownership. It offers a suite of applications that mid-sized to large companies incorporate as a workforce management solution. Some of the uses that businesses and corporations have for incorporating PeopleSoft include many different management aspects like materials, communications, and payroll management. PeopleSoft applications are used by human resource departments in large corporations, including human resource management systems (HRMS), customer relationship management (CRM), financials and supply chain management (FSCM), and enterprise performance management (EPM). PeopleSoft Payroll is a part of the PeopleSoft Human Capital Management (HCM) suite of applications that assists organizations in handling payroll services and employee wages.